BITmarkets Team
Aug 11, 2026

JUPUSD - 1 Day Time Frame
On July 8, JUP closed below a key resistance zone that had previously supported the internal bullish structure. This close shifted the internal structure from bullish to bearish, bringing it back into alignment with the broader external bearish structure.
From a price action perspective, this is an important development because both the internal and external structures are now pointing in the same direction. Since the July high, JUP has declined by more than 31% on the daily timeframe, confirming a clear loss of bullish momentum.
Despite this decline, further downside could remain possible. The nearest Sell-Side Liquidity zones are located around $0.15, $0.14, and $0.11. The $0.11 area is particularly important because it corresponds with the October 2025 low, which was formed during a period of intense selling pressure across the broader cryptocurrency market. This makes the level a significant technical reference point, with liquidity potentially resting below it.
Based on the current structure, a short position could be considered while JUP remains below the broken bullish structure. From a risk-management perspective, an aggressive Stop Loss could be placed around $0.22, while a more conservative Stop Loss could be positioned around $0.25 to allow greater room for short-term volatility.
If bearish price delivery continues, the first downside target could be the $0.15 Sell-Side Liquidity zone, followed by $0.14. A continued decline could then bring the more significant $0.11 level into focus. As this area represents the October 2025 low, the market reaction around it could be particularly important. A move below the level could sweep additional Sell-Side Liquidity, although the reaction that follows would help determine whether sellers remain in control or whether buyers begin to respond.
For now, JUP maintains a bearish technical structure. The internal bullish setup has been invalidated, while the broader external trend also remains bearish. As long as price stays below the broken structure, the focus could remain on the downside liquidity zones at $0.15, $0.14, and $0.11, with the October low remaining the most significant reference level.
Crypto assets are unregulated, decentralised and highly volatile assets which entail substantial risks and you may lose all invested capital. Refer to the Disclaimers for detailed information on potential risks.